Consumer markets drive property retail growth in PH

RETAIL opportunities are growing in Southeast Asia’s property sector due to the region’s strong consumer market, particularly in populous countries such as the Philippines and Indonesia, according to a report by global real estate services firm Jones Lang Lasalle.

JLL head of research for Southeast Asia Dr. Yang Liang Chua noted that the recent real estate deals made in the region highlight the confidence of investors in the potential of retail opportunities in Southeast Asia.